Key insights
- Significant insider buying from both a prominent figure (Trump) and the CEO of NOW, coupled with strong customer retention (98%) and YoY revenue growth, suggests potential undervaluation. Despite current poor stock performance, these factors indicate a bullish outlook for NOW, potentially signaling a turnaround and positive sentiment for the stock.
Trump: Bought $1-5m of NOW on 10 Feb 2026
CEO McDermott: Bought 28682 shares, $3m worth of NOW on 27 Feb 2026
Performance of the stock is bad right now but the company is generating yoy revenue growth.
85% of fortune 500 are using their products.
98% retention rate meaning that the company has stable revenue source.
TLDR: Trump bought, CEO of NOW bought, I bought 1430 NOWL at $5.4
Edit: I am going to hold the bag for 3 months and check back at the price of NOWL. I have a TP at 12.25. Let’s see which hits first.